Two Point Capital Management Inc. Makes New Investment in Accenture PLC $ACN

Two Point Capital Management Inc. acquired a new stake in shares of Accenture PLC (NYSE:ACN) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 35,735 shares of the information technology services provider’s stock, valued at approximately $10,681,000. Accenture comprises 4.5% of Two Point Capital Management Inc.’s holdings, making the stock its 9th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACN. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Accenture during the 1st quarter worth approximately $31,000. Inlight Wealth Management LLC bought a new position in Accenture in the first quarter worth $32,000. WPG Advisers LLC bought a new stake in Accenture in the 1st quarter valued at $42,000. Atwood & Palmer Inc. raised its stake in shares of Accenture by 407.4% in the 1st quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 110 shares in the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in shares of Accenture during the 1st quarter valued at about $43,000. 75.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft decreased their price target on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a report on Tuesday. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a report on Thursday, September 18th. Finally, Morgan Stanley cut their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $300.22.

Insider Transactions at Accenture

In related news, insider Angela Beatty sold 203 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the sale, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the transaction, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 in the last quarter. 0.02% of the stock is owned by company insiders.

Accenture Stock Up 0.4%

Shares of NYSE:ACN opened at $244.58 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $153.19 billion, a P/E ratio of 20.13, a P/E/G ratio of 2.12 and a beta of 1.28. The company’s 50-day moving average price is $250.32 and its two-hundred day moving average price is $284.19. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is currently 48.72%.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.